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Sunday, 1 September 2013

China manufacturing PMI rises more-than-expected

Manufacturing activity in China rose more-than-expected last month, official data showed on Thursday.

In a report, China Logistics Information Center said that Chinese Manufacturing PMI rose to an annual rate of 51.0, from 50.3 in the preceding month.

Analysts had expected Chinese Manufacturing PMI to rise to 50.6 last month.

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